The Impact of RCEP National Digital Economy Development Level on China's Home Appliance Exports

This study explores the impact of digital economy development in RCEP member countries on China's home appliance exports. Based on the panel data from 2011 to 2022 and the principal component analysis method, the index system of the development level of the digital economy is constructed. Through the regression analysis of the solid effect model, it is found that the improvement of the development level of the digital economy in RCEP countries has significantly promoted China's home appliance exports. Further analysis shows that the development of digital economy in high-income and upper-middle-income countries has a more significant role in promoting China's home appliance exports. It provides empirical support for understanding the impact of digital economy development on trade under the RCEP framework.